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How Novo Resources’ Latest Drilling Shapes Its Future Amid Financial Uncertainty

8:32am on Friday 8th of August, 2025 AEST Mining
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How Novo Resources’ Latest Drilling Shapes Its Future Amid Financial Uncertainty

8:32am on Friday 8th of August, 2025 AEST
Key Points
  • Maiden aircore drilling completed at Balla Balla Gold Project in Pilbara
  • Reverse circulation drilling at Tibooburra Gold Project yields high-grade gold intercepts
  • Net loss narrowed to CAD 4.2 million in Q2 2025 from CAD 7.2 million a year earlier
  • Cash and short-term investments declined to CAD 6.0 million as of June 30, 2025
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